CFTC v. Timothy Joseph Atkinson, et al. (S.D.N.Y. Sept. 27, 2018, Contested); CFTC v. Ronald Montano, et al. (S.D.N.Y. Sept. 27, 2018, Contested); In re Grayson Brookshire (A.P. Sept. 27, 2018, Settled); In re Antonio Giacca (A.P. Sept. 27, 2018, Settled); In re Travis Stephenson (A.P. Sept. 27, 2018, Settled); In re Justin Blake Barrett (A.P. Sept. 27, 2018, Settled); In re Shmuel Pollen (A.P. Sept. 27, 2018, Settled); In re William Earl Berry and Berry Media Works (A.P. Sept. 27, 2018, Settled); In re Martin Schranz and GSD Master AG (A.P. Sept. 27, 2018, Settled) – Action against Defendants and Respondents, 11 individuals and five entities, in connection with alleged creation and distribution of false solicitation communications to prospective customers.  According to the CFTC, the communications materially misrepresented the chance of profit and directed customers to binary options brokers that engaged in illegal binary options transactions.  The CFTC alleges that Defendants and Respondents received commissions from the brokers for new customers who had reviewed the solicitations.  Respondents Brookshire and Barrett have agreed to pay, jointly and severally, disgorgement of $481,099.90.  Respondent Giacca has agreed to pay disgorgement of $2.6 million.  Respondent Stephenson has agreed to pay disgorgement of $89,000.  Respondent Pollen has agreed to pay disgorgement of $85,000 and a civil penalty of $42,500.  Respondents Berry and Berry Media Works have agreed to pay, jointly and severally, disgorgement of $550,000.  Respondent Schranz has agreed to pay disgorgement of $100,000. 

CFTC Press Release 

CFTC Order – Brookshire 

CFTC Order – Giacca 

CFTC Order – Stephenson 

CFTC Order – Barrett 

CFTC Order – Pollen 

CFTC Order – Berry 

CFTC Order – Schranz

Related to SEC v. Atkinson